These mining jurisdictions demonstrate a high level of investment attractiveness mainly due to their mineral-rich geology, solid infrastructure, stellar economic environment and government support for the resources industry at both the federal and state level. Australia exports a wide range of important mineral resources, including precious metal gold, base metals such as copper, iron ore,...
Author: backoffice
Lithium and Niobium Anomalies Defined at Mt Gordon
864 samples were taken at 50m spacing on infill lines which reduced sample line spacing to 200m (see Figure 1). The results from the closer-spaced samples have better defined the large lithium soil anomalies at Mt Gordon, as shown in Figure 1. Furthermore, new more discreet lithium anomalies have been defined. In particular, a new...
First Results Returned from Link Zone Drilling Confirm Multiple Shallow Stacked Lodes
HIGHLIGHTS The RC program has commenced at Menzies, with the Link Zone drilling program now complete and drilling continuing across the Lady Shenton System. Link Zone is located ~1km south of the 287koz Lady Shenton deposit and ~1km north of the 43koz Lady Harriet System at the Menzies Gold Project (MGP). Drilling at Link Zone...
Could the Silver Price Really Hit $100 per Ounce? (Updated 2024)
Will First Majestic Silver CEO’s silver price prediction of more than US$100 per ounce come true? The silver price made waves in 2020 when it rose above US$20 per ounce for the first time in four years, and the precious metal has repeatedly tested US$30 per ounce since. Most recently, the silver price broke through...
Final Results 2023
Highlights Operational • Two Scoping Studies completed: Laguna Verde and Francisco Basin Scoping Studies show robust economics, with post-tax NPV8 ~US$3bn and IRR >43% supporting 20,000tpa LCE production for +30-year and +12-year operations respectively. • JORC resource increase: Completed additional 7 well drilling programme – Laguna Verde, 1.8 million tonnes of LCE (Measured & Indicated...
Australia’s 5 Most Valuable Mineral Exports
These mining jurisdictions demonstrate a high level of investment attractiveness mainly due to their mineral-rich geology, solid infrastructure, stellar economic environment and government support for the resources industry at both the federal and state level. Australia exports a wide range of important mineral resources, including precious metal gold, base metals such as copper, iron ore,...
High-Grade Pepper Discovery Extended
This release contains new assay results from recent surface drilling targeting the high-grade growing Pepper Gold Prospect. Management Comment Spartan Managing Director and Chief Executive Officer, Simon Lawson, said: “Our focus on drilling, closing the gaps and achieving significant outcomes in front of our established infrastructure continues to deliver in spades with our ongoing drilling...
Yalgoo Fieldwork Commences Over Main Target Areas
HIGHLIGHTS The two projects are located within the northern part of the Yalgoo-Singleton greenstone belt (YSGB) in the Murchison province. Both sequences are typical greenstones consisting of submarine tholeiitic and high-Mg basalt lava flows, large intrusive gabbro bodies overlain by BIF and volcanic rocks with minor ultramafic and felsic rocks. The greenstone belt is intruded...
64g/t Au in High-Grade Veins at Golden Ridge Adit, NE Tasmania
Highlights The Link Zone is located between the Trafalgar and Brilliant prospects along the Golden Ridge granodiorite contact. Previous diamond drilling at Trafalgar and Brilliant has returned outstanding results with multiple intersections over 100g/t Au recorded at the Trafalgar prospect, which is currently being followed up with an active diamond drillhole campaign1. Managing Director &...
Siren Gold Signs Marketing and Sales Agency Agreement
Highlights “We are delighted to work with Ocean Partners, a well-established agent with extensive technical, commercial and financial experience. The Agreement will provide an important platform for Siren’s strategic growth initiatives and support Project financing in the future. Antimony has been recognised as a critical mineral by many Western countries and the potential gold –...